Match the following definitons with appropriate options given in below:
Definitions:
1. A graphical representation of the relationship between the price of a good and the amount of the good that buyers are willing and able to purchase at various prices.
2. The amount of a good that buyers are willing and able to purchase at a given price.
3. The claim that, other things being equal, the quantity demanded of a good falls when the price of that good rises.
4. A table showing the relationship between the price of a good and the amount that buyers are willing and able to purchase at various prices.
Options:
O Quantity Demanded
O Demand Curve
O Demand ScheduleO Law of Demand

Respuesta :

Answer:

1. A graphical representation of the relationship between the price of a good and the amount of the good that buyers are willing and able to purchase at various prices.

-Demand Curve

2. The amount of a good that buyers are willing and able to purchase at a given price.

-Quantity Demanded

3. The claim that, other things being equal, the quantity demanded of a good falls when the price of that good rises.

-Law of Demand

4. A table showing the relationship between the price of a good and the amount that buyers are willing and able to purchase at various prices.

-Demand Schedule

Explanation:

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